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My portfolio gains in the month of May came primarily from energy stocks during the second half of the month. After reaching a peak early in March, prices for energy companies came back down to the 200-day moving average and may have put in a bottom.
Bonds began their usual summer rally early this year. 20 year plus U.S. Treasuries bottomed in February. It remains anybody's guess whether we will see a significant pullback as a good entry point before summer's end.
Meanwhile gold seems to be the only thing showing promise, currently, as most sectors continue flat, or trending down.
Five month return for TSX @ May 31, 2011 = 2.88 percent
Five month return for Basic Timing Model using XIU = 2.27 percent
Five month return for Advanced Timing Model (my returns) = -3.76 percent
Money for charity = $411.27
Five month return for Basic Timing Model using XIU = 2.27 percent
Five month return for Advanced Timing Model (my returns) = -3.76 percent
Money for charity = $411.27
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